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Global Pharm Holdings Group, Inc. Announces Second Quarter 2011 Financial Results
Date:8/12/2011

88;

 Operating expenses

936,732

 

233,371

 

1,352,645

 

364,999General and administrative

987,391

 

1,794,759

 

1,720,080

 

2,165,148Income from operations5,458,826

 

3,513,055

 

12,138,128

 

8,097,328Interest income (expense)

843

 

13,226

 

(3,381)

 

17,874Miscellaneous expense

28,418

 

-

 

30,239

 

-Income before income taxes5,431,251

 

3,526,281

 

12,104,508

 

8,115,202Provision for income taxes

1,513,005

 

1,255,682

 

2,887,305

 

2,419,451Net income – including non-controlling interest3,918,246

 

2,270,599

 

9,217,203

 

5,695,751Net loss – non-controlling interests1,361

 

-

 

1,353

 

-Net income - Global Pharm Holdings Group, Inc.3,919,607

 

2,270,599

 

9,218,556

 

5,695,751Other comprehensive income 

 

 

 

 

 

    Foreign currency translation adjustment

338,623

 

33,092

 

487,681

 

32,226Total comprehensive income$4,258,230

 

$2,303,691

 

$9,706,237

 

$5,727,977Earnings per share of common stock: 

 

 

 

 

 

 Basic and diluted earnings per share

$0.15

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SOURCE Global Pharm Holdings Group, Inc.
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